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March 23, 2023       Share:    

Source: https://www.gov.uk/government/news/uk-and-israel-to-sign-landmark-agreement-deepening-tech-trade-and-security-ties

UK and Israel Sign Landmark Agreement Deepening Tech, Trade and Security Ties

(Foreign Office-UK) British Foreign Secretary James Cleverly hosted Israeli Foreign Minister Eli Cohen in London on Tuesday to sign a 2030 Roadmap for Israel-UK Bilateral Relations. The Roadmap contains detailed commitments for deepening cooperation on trade, cyber, science and tech, research and development, security, health, climate and gender. It includes 20 million pounds of joint funding commitments on technology and innovation. Cleverly said, "The UK-Israel Bilateral Roadmap is a testament to the strength of our close and historic relationship....The UK and Israel also stand together, defiant in the face of the malign influence of Iran in the region, and against the wider scourge of antisemitism." There are more than 400 Israeli tech firms operating in the UK and the trade relationship is worth 7 billion pounds. Israeli investment in the UK drives growth and jobs, adding 1 billion pounds to the UK economy and creating 16,000 jobs in the last 8 years.

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